Property developer buys Hurricanes as Wellington Rugby offloads 50% stake

Property developer buys Hurricanes as Wellington Rugby offloads 50% stake

The Hurricanes will head into the 2026 Super Rugby Pacific season under new ownership after the Wellington Rugby Football Union (WRFU) sold its 50% stake in...

WRFU sells 50% stake in Hurricanes to stabilise finances

The Hurricanes will enter the 2026 Super Rugby Pacific season with a revamped ownership model after the Wellington Rugby Football Union sold its 50% stake to NZ Sport Investment Limited, a move aimed at rescuing the union from consecutive million-dollar losses. NZSI—backed by Malcolm Gillies and Summit Capital—will take control, with Gillies becoming chair and several new directors appointed, while New Zealand Rugby steps in as a minority invest…